This section includes all our risk management jobs in investment banks, asset managers, hedge funds and other financial services firms. As the financial crisis clearly demonstrated, financial services can be a very risky industry indeed. Without risk management professionals to curb employees' enthusiasm for pushing boundaries in pursuit of big profits, whole banks can go under.
Professionals working in risk work closely with technology, operations, audit, compliance, and other control functions within a bank. Risk management jobs are generally divided into different areas, the most fundamental of which are market risk, credit risk and operational risk.
Market risk is the risk that a whole portfolio of traded financial products (for example, stocks, bonds or commodities) falls in value simultaneously because of outside events, such as rising oil prices or terrorist bombs. The four standard market risk factors are stock prices, interest rates, foreign exchange rates and commodity prices.
Market risk professionals price and model risk across different asset classes, including derivatives (forwards, futures, options, swaps). They must also communicate clearly with traders, providing the front office with risk assessments.
Credit risk is the risk of loss of principle if a borrower defaults on a loan repayment. A job in credit risk involves helping to mitigate this risk by preparing credit proposals and credit reviews, which provide the business with independent assessments about the financial standing of prospective and existing borrowers.
Credit risk roles involve collaborating with the lending team to ensure that credit proposals or extensions are approved or declined in accordance with both the firm's internal credit policies and local regulations. Most lenders use their own credit scorecards to rank customers according to risk. Factors such as operating experience, management expertise, asset quality, and leverage and liquidity ratios are taken into account.
Operational risk is the risk that a bank will incur damage or losses due to internal factors such as systems breakdown or financial wrongdoing. A job in operational risk includes performing front-to-back reviews of business processes and report to business managers.
Roles in operational risk require conducting risk self assessments of business units, disseminating information about the firm's risk policies, and identifying and reporting any escalation of risk issues. They also liaise with internal audit, external audit and regulators.
Many risk professionals possess qualifications designed to improve their knowledge, job opportunities, professional reputation and pay. For example, the Financial Risk Manager (FRM) designation from the Global Association of Risk Professionals is awarded to those who pass two examinations and have at least two years' work experience in financial risk management.
The Professional Risk Managers' International Association (PRM) goes to financial risk managers who pass four exams covering financial theory, financial instruments and markets, mathematical foundations of risk measurement, and other subjects.
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|Assistant Manager, Risk Management (Operations & Control)||i-Contact Attractive||Hong Kong SAR||18 May 13|
A major PRC investment banking is looking for a seasoned Assistant Manager, Operational Risk Management and Co...
|SR CREDIT APPROVER - EUROPEAN CORPORATE AND INVESTMENT BANK||Hays Negotiable||Hong Kong SAR||18 May 13|
CREDIT APPROVAL AND PORTFOLIO MANAGEMENT FOR LARGE REGIONAL CORPORATES
|AVP - CREDIT RISK MANAGEMENT ANALYST - COMMERCIAL BANK||Hays Negotiable||Hong Kong SAR||18 May 13|
CREDIT RISK STRESS TESTING ON BANK PORTFOLIO
|TEAM HEAD CREDIT CONTROL AND POLICIES - CREDIT RISK||Hays Negotiable||Hong Kong SAR||18 May 13|
CREDIT RISK MANAGEMENT FOR LEADING COMMERCIAL BANK
|SENIOR RISK MANAGER - TRADED CREDIT RISK||Hays Negotiable||Hong Kong SAR||18 May 13|
MANAGING CREDIT RISK DERIVED FROM TRADING FINANCIAL MARKETS PRODUCTS
|SVP/ TEAM HEAD CREDIT APPROVAL - MID-MARKET COMMERCIAL BANK||Hays Negotiable||Hong Kong SAR||18 May 13|
REVIEW/APPROVE COMMERCIAL LENDING IN A LEADING BANK
|Risk Management, Private Banking (AVP)||KC Premiere & Associates $60-70K plus generous benefit package||Hong Kong SAR||17 May 13|
A high calibre credit and risk professional with broad base exposure and technical skills (including credit an...
|Sr. Manager / Manager, Model Validation Quant||Tyche SG (License C110570978) Excellent Base Pay + Bonus + Benefits +...||Hong Kong SAR||17 May 13|
Our client, a leading financial institution is seeking to recruit a Sr. Manager / Manager, Quantitative Model ...
|Hedge Fund Risk | Credit Products | Hong Kong||Selby Jennings HKD750,000 ++ & Attractive Bonuses and...||Hong Kong SAR||17 May 13|
My client is a high caliber Prime Brokerage team with a strong Global presence. We are seeking an experienced ...
|VP - CAPITAL MANAGEMENT & CREDIT RISK METRICS - RISK MANAGEMENT||Hays Negotiable||Hong Kong SAR||17 May 13|
SENIOR RISK MANAGEMENT ROLE IN AN EXPANDING BANK
|MANAGER - CREDIT APPROVAL - COMMERCIAL BANKING (2 New Openings)||Hays Negotiable||Hong Kong SAR||17 May 13|
ASSESS AND APPROVE CREDIT APPLICATIONS IN COMMERCIAL BANKING
|Risk Management Analytics – Senior Business Development Manager (Hong Kong or Singapore)||MSCI Negotiable||Hong Kong SAR||16 May 13|
We are currently seeking a Business Development Manager / Commercial Product Manager to join our Risk Manageme...
|Credit Analyst – Corporate Banking||Barclay Simpson Asia Excellent for the right person||Hong Kong SAR||16 May 13|
Our client, a leading Asian banking organization, is looking for a Credit Analyst to join their Risk Division ...
|Senior Traded Credit Risk Manager – Commodities – Global Banking Giant||Barclay Simpson Asia Excellent for the right candidate||Hong Kong SAR||16 May 13|
My client, a global banking giant with a major presence in Asia is looking to recruit an experienced credit ri...
|VP Trade Finance Operations (based in Singapore)||Global Search Partners (License No. 07S4014) Attractive remuneration and benefits||Hong Kong SAR||16 May 13|
Our client is a major bank and is currently seeking an experienced and competent professional to lead its team
|VP, Regional Compliance Risk Review, Hong Kong||Ambition Hong Kong Attractive Base Salary + Bonuses||Hong Kong SAR||16 May 13|
An Expanding Regional Risk Review Team is seeking an experienced Professional from Audit, Risk or Compliance b...
|Compliance Division, Private Wealth Management Compliance, VP/Executive Director, Hong Kong(20956)||Goldman Sachs Depending on candidates||Hong Kong SAR||16 May 13|
PWM Compliance takes an active role in assisting PWM Management to supervise the PWM business and provides on-...
|OFFICER - RISK/BUSINESS ANALYTICS - RISK MANAGEMENT - MIS||Hays Negotiable||Hong Kong SAR||15 May 13|
EXPERIENCED IN WEALTH MANAGEMENT
|Corporate Actions Specialist||Talent2 Hong Kong Attractive||Hong Kong SAR||15 May 13|
A leading bank is currently seeking an experienced professional to join this dedicated team in the role of Pri...
|Senior Manager - Operational Risk||Morgan McKinley Negotiable||Hong Kong SAR||15 May 13|
An exciting and newly created opportunity facing the global market business.
|Senior Operational Risk Manager||Michael Page Attractive Salary||Hong Kong SAR||15 May 13|
An excellent opportunity for an experienced risk manager to join a global private bank
|AML Compliance Manager||Michael Page International Hong Kong HKD480,000 - 720,000 base + bonus||Hong Kong SAR||15 May 13|
Newly created role for a Leading Banking Group in Asia.
|Credit Approval Manager||Talent2 Hong Kong Attractive||Hong Kong SAR||15 May 13|
A leading international bank is looking for a Credit Approval Manager.
|Compliance Manager - Leading Financial Services Firm||Michael Page International Hong Kong HKD400,000 - 600,000 base||Hong Kong SAR||15 May 13|
AVP level. Newly created role in Hong Kong. Part of the Global Compliance team.
|Equity Model Validation Quant Analyst, Hong Kong||Millar Associates HKD Excellent Salary Package||Hong Kong SAR||15 May 13|
This Investment Bank expands its global model validation team with the hire of an experienced Equity Quant. Co...
|Economist||Coface Competitive||Hong Kong SAR||15 May 13|
Coface is expanding its Hong Kong team with the following position - Economist
|AVP Risk Assessment Review - Leading Investment Bank||Ambition Hong Kong Attractive Compensation Package and work...||Hong Kong SAR||15 May 13|
AVP Risk Assessment opportunity within a reputable Global Investment Bank.
|Sales Support Analyst||Imagine Software Competitive||Hong Kong SAR||14 May 13|
We are looking for a dynamic individual to join our company as a Sales Support Analyst, based in Hong Kong.
|Credit Risk HK, APAC ex-Japan (incl Australia) Financial Institution Team, Vice President||Morgan Stanley Competitive||Hong Kong SAR||14 May 13|
See job description for details
|Credit Risk Analyst||Talent2 Hong Kong Competitive||Hong Kong SAR||14 May 13|
An international bank is now looking for two credit analysts, china corporates and local corporates.